Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Greece says Turkey must lift war threat to get access to EU defence funds
    Finance

    Greece says Turkey must lift war threat to get access to EU defence funds

    Published by Global Banking & Finance Review®

    Posted on May 22, 2025

    2 min read

    Last updated: January 23, 2026

    Greece says Turkey must lift war threat to get access to EU defence funds - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Presidentinternational organizationsfinancial communitysecurityforeign currency

    Quick Summary

    Greece insists Turkey must lift its war threat to gain access to EU defence funds, highlighting ongoing tensions over maritime boundaries.

    Greece Demands Turkey Remove War Threat for EU Defence Fund Access

    ATHENS (Reuters) -Turkey must lift a 30-year old war threat against Greece if it wants Athens to consent to Ankara accessing European Union defence funds, Greek Prime Minister Kyriakos Mitsotakis said on Thursday.

    Greece and Turkey, NATO allies but historic foes, have been at odds for decades over a range of issues from airspace to the extent of their maritime boundaries and ethnically-split Cyprus.

    In 1995, the Turkish parliament declared a "casus belli", or cause for war, if Greece unilaterally expanded its territorial waters beyond six nautical miles in the Aegean Sea.

    "If Turkey wishes access into European defence financing tools, the legitimate concerns of both Greece and Cyprus should be taken into account," Mitsotakis said, referring to projects such as the EU's new flagship arms-buying fund, Security Action for Europe (SAFE).

    "It has been 30 years since the Turkish National Assembly voted on the infamous casus belli. I think that 30 years later, the time has come to directly ask our Turkish friends to take it off the table," he told Skai radio.

    Mitsotakis said he would convey the message to Turkish President Tayyip Erdogan soon, citing improved bilateral ties.

    The Turkish government was not immediately available for comment.

    Asked about Greece trying to keep Turkey away from EU defence projects, a Turkish defence ministry source said earlier that any attempts to disregard Turkey's importance for European security were bound to fail.

    "Carrying bilateral disputes to multilateral platforms and putting forth an approach aimed at excluding our country is both a step that is not taken with good intentions, and not a smart one," the source said.

    Ankara and Athens have been exploring whether they can start talks aimed at demarcating their maritime zones. Mitsotakis said that a high-level meeting between the two countries will take place in the coming months.

    (Reporting by Renee Maltezou and Angeliki Koutantou in Athens and Tuvan Gumrukcu in Ankara; Editing by Conor Humphries)

    Key Takeaways

    • •Greece demands Turkey lift a 30-year war threat for EU defence fund access.
    • •The 'casus belli' was declared by Turkey in 1995 over territorial waters.
    • •Greece and Turkey are exploring talks on maritime zones.
    • •Kyriakos Mitsotakis plans to discuss the issue with Tayyip Erdogan.
    • •Turkey's importance to European security is emphasized by Ankara.

    Frequently Asked Questions about Greece says Turkey must lift war threat to get access to EU defence funds

    1What does Greece require from Turkey regarding EU defence funds?

    Greece requires Turkey to lift its 30-year-old war threat if it wants access to European Union defence funds, according to Prime Minister Kyriakos Mitsotakis.

    2What historical declaration does the article refer to?

    The article refers to the Turkish parliament's 1995 declaration of 'casus belli', which threatens war if Greece expands its territorial waters beyond six nautical miles.

    3What did Mitsotakis say about Turkey's access to EU financing?

    Mitsotakis stated that Turkey's legitimate concerns must be considered if it wishes to access European defence financing tools.

    4What is the current status of talks between Greece and Turkey?

    Ankara and Athens are exploring the possibility of starting talks to demarcate their maritime zones, with a high-level meeting planned soon.

    5How did Turkey respond to Greece's stance on EU defence projects?

    A Turkish defence ministry source indicated that attempts to exclude Turkey from EU defence projects are not taken with good intentions and are unwise.

    More from Finance

    Explore more articles in the Finance category

    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    View All Finance Posts
    Previous Finance PostNovo Nordisk's former chief makes comeback to steer choice of new CEO
    Next Finance PostE-commerce company Allegro goes local to stand out from Asian competitors